DESCRIPTION
Globalised sales, manufacturing, research and management:
• Diversified and Heterogeneous work force, Innovation and conflict
• Flexible rules and procedures
• Customizable employment relationships, telecommuting, job-sharing and pay for skills
• Fewer levels of management
• Work force are empowered
• Fewer differences in responsibility across levels
• Networked
• Direct communication across units and firm boundaries ignoring chain of command
• Cross unit and team structure
• Outsourcing and downsizing
• Strategic alliances with competitors and Customization and how to face various management challenges through HRM.
There are answers in these slides.
This presentation delves into the pressing management challenges of our time, emphasizing the need for global efficiency and local responsiveness. Speed, customization, and ownership are highlighted as critical factors for modern organizations. The content is designed to equip executives with actionable insights to navigate these complexities effectively.
The value chain model of HR is thoroughly explored, covering essential elements like ethos, core purpose, and culture. It underscores the importance of business and people strategies, high-performance policies, and the role of effective line managers. This model aims to build social capital by enhancing ability, motivation, and morale within the workforce.
The role of HR managers in linking business strategy is also examined. Core values and critical success factors such as financial performance, operational efficiency, and market share are discussed. The presentation provides a roadmap for translating these elements into a business scorecard, aligning vision and strategy with customer and internal business perspectives. Challenges like managing culture, globalization, and attrition are addressed, offering practical solutions for HR leaders.
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Source: 21st Century Organization Trends and Importance of Human Factor PowerPoint (PPT) Presentation, mohanram594
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